Maintenance Fees
The Way vs The Erin Mills Area
MLS Restricted Listing
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for rent
71 Days on Strata
- Est Lease Timeframe:
- 21 Days
3429 Ridgeway Dr
$X,XXX/mth
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Price History
MLS Restricted Listing
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Amenities
BBQs Allowed
Indoor Parking
Bike Storage
Visitor Parking
Rooftop Deck
Amenity details for reference only. Independently verify accuracy.
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
Renter's Market
Balanced
Landlord's Market
Building Spotlight
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Explore Erin Mills
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,222
Average Individual Income
$61,371
Average Household Size
3 persons
Average Age
45
Average Household Income
$108,609
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Housing Types & Tenancy
Semi Detached
37%
Detached
30%
High Rise Apartment
18%
Low Rise Apartment
10%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
80%
Other
10%
Punjabi
5%
Tagalog
1%
Spanish
1%
Hindi
1%
Mandarin
1%
Urdu
1%
Education
High School
31%
University and Above
23%
College
20%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
25%
Architecture & Engineering
21%
Social Sciences
11%
Health & Related Fields
10%
Math & Computer Sciences
6%
Personal, Protective & Transportation Services
5%
Humanities
5%
Education
4%
Physical Sciences
3%
Visual & Performing Arts
3%
Building Trends At The Way
Days on Strata
Units at The Way spend an average of
19
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Erin Mills
Turnover of Units
On average, each unit is owned for
N/A
Property Value
1%
Increase in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 44 condos in the Erin Mills area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
45
Units were Rented over the past twelve months
Best Value Rank
The Way offers the best value out of 44 condos in the Erin Mills neighbourhood
?
N/A
Appreciation Rank
The Way has the highest ROI out of 44 condos in the Erin Mills neighbourhood
?
N/A
Rental Yield
The Way yields the highest rent prices out of 44 condos in the Erin Mills neighbourhood
?
N/A
High Demand
The Way is the most popular building out of 44 condos in the Erin Mills neighbourhood
?
N/A
Market Insights
Transaction Insights at The Way
| 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | |
|---|---|---|---|---|
| Price Range | $440,000 | No Data | $650,000 - $735,000 | No Data |
| Avg. Cost Per Sqft | $1,044 | No Data | $639 | No Data |
| Price Range | $1,900 - $2,200 | $1,980 | $2,200 - $2,900 | $2,900 |
| Avg. Wait for Unit Availability | No Data | No Data | 42 Days | No Data |
| Avg. Wait for Unit Availability | 35 Days | 176 Days | 9 Days | 137 Days |
| Ratio of Units in Building | 10% | 2% | 87% | 4% |
Market Inventory
Total number of units listed and leased in Erin Mills
MLS Restricted Listing
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